Ondo Finance Appoints Regulatory Titan Allison Parent to Lead Policy

TL;DR

• Ondo Finance appointed Allison Parent, former executive director of the GFMA, as its new chief policy officer.
• Parent brings experience from Barclays, the Bank of England, and as legal counsel to the U.S. Senate Budget Committee.
• Ondo Finance has accumulated nearly $2 billion in total value locked in tokenized Treasuries products and $1 billion on its equities platform.

Ondo Finance brought on Allison Parent as its new chief policy officer, a move aimed at strengthening and improving dialogue with regulators and lawmakers amid growing regulatory pressure on tokenized assets. The announcement was made by the company itself through an official press release.

Parent joins from the Global Financial Markets Association (GFMA), where she served as executive director of the financial trade association that represents the world’s leading capital markets participants globally. Her background also includes senior roles at Barclays and the Bank of England, as well as having served as legal counsel to the United States Senate Budget Committee, where she participated in drafting the Dodd-Frank Act following the 2008 financial crisis.

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